517 Truman Avenue, Key West, FL 33040
$1,800,000
Property Type:
Commercial
Lot Size (sq. ft.):
4,280
Status:
Closed
Current Price:
$1,800,000
List Date:
2/20/2014
Last Modified:
9/09/2024
Description
Rare find in Old Town! Mixed-Use Property. Main Building has completed construction of major renovation inside & outside. 4 transient licensed units total, 3 in main building & one in cottage. Main 2 story building has 3 transient licensed units (2 2bd/1ba.apartments & 1 efficiency). One vacant commercial rental space on Truman Ave. Plus Profitable Laundromat Business which is included in sale. Second Building is on Center St. and is a one transient licensed, wood frame cottage (1bd/1ba).Property is in X Flood Zone.Great money-making opportunity to own a vacation rental property with income from a high-demand laundry business. Visible corner location on Truman Ave. between Duval and Simonton St. Surrounded by several Old Town Attractions
More Information MLS# 119417
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
For Sale/Lease: For Sale
Current Price: $1,800,000
Listing Date: 2014-02-20
Sold Price: $1,800,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Mile Marker: 0
Side: Median
Alternate Key #: 1018228
Bldg Nbr: 0
Taxes: 8506
Tax Year: 2014
Street #: 517
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot SqFt: 4280
Business Name: Old Town Laundry
# Parking Spaces: 0
# Stories: 0
Building Ht. Ft.: 0
Total # Buildings: 0
Building SqFt: 4460
Style: Commercial
Year Built: 1963
Remarks & Misc
Remarks – Consumer: Rare find in Old Town! Mixed-Use Property. Main Building has completed construction of major renovation inside & outside. 4 transient licensed units total, 3 in main building & one in cottage. Main 2 story building has 3 transient licensed units (2 2bd/1ba.apartments & 1 efficiency). One vacant commercial rental space on Truman Ave. Plus Profitable Laundromat Business which is included in sale. Second Building is on Center St. and is a one transient licensed, wood frame cottage (1bd/1ba).Property is in X Flood Zone.Great money-making opportunity to own a vacation rental property with income from a high-demand laundry business. Visible corner location on Truman Ave. between Duval and Simonton St. Surrounded by several Old Town Attractions
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of Transient Licns: 2
Non Trans Rntl Lic: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Construction
Stucco: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Transient License: 1
Financial Status
Potential Short Sale: No
Status Change Info
Sold Date: 2015-05-05
Sold Price: $1,800,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Stucco
Land Size: Less Than 1/4 Acre
Property Rights: Transient License
Listing Office:
RE/MAX KEYS CONNECTION
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.